Advertisement
UK markets close in 2 hours 18 minutes
  • FTSE 100

    8,035.58
    +11.71 (+0.15%)
     
  • FTSE 250

    19,697.01
    +97.62 (+0.50%)
     
  • AIM

    753.33
    +4.15 (+0.55%)
     
  • GBP/EUR

    1.1607
    +0.0018 (+0.16%)
     
  • GBP/USD

    1.2386
    +0.0036 (+0.29%)
     
  • Bitcoin GBP

    53,384.44
    -54.40 (-0.10%)
     
  • CMC Crypto 200

    1,421.00
    +6.24 (+0.44%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    81.09
    -0.81 (-0.99%)
     
  • GOLD FUTURES

    2,323.50
    -22.90 (-0.98%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    18,060.74
    +199.94 (+1.12%)
     
  • CAC 40

    8,084.39
    +44.03 (+0.55%)
     

FedEx Will Deliver Strong Returns Without Amazon

FedEx Will Deliver Strong Returns Without Amazon

For stockholders, FedEx (NYSE: FDX) has been dead money for years. FedEx's strength is in their express (or air) unit, which instead mainly supports business to business logistics. First, the bad: In FedEx's most recent quarter, CEO Frederick Smith reported a near 60% drop in profit year over year.